Home and Garden in Mexico - Research and Markets

Overall, in 2022, home and garden in Mexico registered a decline in demand at constant 2022 prices, with value sales in these terms well below pre-pandemic levels in this year. This can be attributed to various external factors, such as economic uncertainty and changes in consumer habits and lifestyles.

The analyst's Home and Garden in Mexico report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2027 illustrate how market demand is expected to evolve in the medium-term

Product coverage:
Home Improvement and Gardening, Homewares and Home Furnishings.

Data coverage:
Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

Get a detailed picture of the Home and Garden market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market’s major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.

HOME AND GARDEN IN MEXICO

EXECUTIVE SUMMARY

Home and garden in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for home and garden?

MARKET DATA

Table 1 Sales of Home and Garden by Category: Value 2017-2022
Table 2 Sales of Home and Garden by Category: % Value Growth 2017-2022
Table 3 NBO Company Shares of Home and Garden: % Value 2018-2022
Table 4 LBN Brand Shares of Home and Garden: % Value 2019-2022
Table 5 Penetration of Private Label in Home and Garden by Category: % Value 2017-2022
Table 6 Distribution of Home and Garden by Format: % Value 2017-2022
Table 7 Distribution of Home and Garden by Format and Category: % Value 2022
Table 8 Forecast Sales of Home and Garden by Category: Value 2022-2027
Table 9 Forecast Sales of Home and Garden by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES

Summary 1 Research Sources

GARDENING IN MEXICOKEY DATA FINDINGS

2022 DEVELOPMENTS

Gardening continues to benefit from leisure/hobby and health and wellness trends
Good demand for fertiliser while sustainability informs gardening choices
Private label presence amid intense competitive landscape
PROSPECTS AND OPPORTUNITIES
Pots and planters to benefit from strong urban gardening trend

“Huerto” trend to continue to boost gardening

Room for further development of e-commerce

CATEGORY DATA

Table 10 Sales of Gardening by Category: Value 2017-2022
Table 11 Sales of Gardening by Category: % Value Growth 2017-2022
Table 12 NBO Company Shares of Gardening: % Value 2018-2022
Table 13 LBN Brand Shares of Gardening: % Value 2019-2022
Table 14 Distribution of Gardening by Format: % Value 2017-2022
Table 15 Forecast Sales of Gardening by Category: Value 2022-2027
Table 16 Forecast Sales of Gardening by Category: % Value Growth 2022-2027

HOME FURNISHINGS IN MEXICOKEY DATA FINDINGS

2022 DEVELOPMENTS

Demand for charcoal barbecues buoyed by the outdoor cooking trend
Light-emitting diode lamps (LED) leverages energy-efficiency to see the highest retail value growth in 2022
The home furnishings landscape remains highly competitive
PROSPECTS AND OPPORTUNITIES
Environmental and sustainability trends to continue to influence home furnishings
Bed textiles to benefit from a rise in households while hybrid work practices boost home office furniture

CATEGORY DATA

Table 17 Sales of Home Furnishings by Category: Value 2017-2022
Table 18 Sales of Home Furnishings by Category: % Value Growth 2017-2022
Table 19 NBO Company Shares of Home Furnishings: % Value 2018-2022
Table 20 LBN Brand Shares of Home Furnishings: % Value 2019-2022
Table 21 LBN Brand Shares of Light Sources: % Value 2019-2022
Table 22 Distribution of Home Furnishings by Format: % Value 2017-2022
Table 23 Forecast Sales of Home Furnishings by Category: Value 2022-2027
Table 24 Forecast Sales of Home Furnishings by Category: % Value Growth 2022-2027

HOME IMPROVEMENT IN MEXICOKEY DATA FINDINGS

2022 DEVELOPMENTS

Hand tools demand increases with a rise in DIY projects in 2022
Home paint and cordless drills benefit from home improvement trends
Home improvement is populated by strong local and international players and retailers
PROSPECTS AND OPPORTUNITIES
Sustainability is an increasingly important factor in home improvement
Innovation is anticipated across home improvement
Ongoing search for refreshing and modern looks

CATEGORY DATA

Table 25 Sales of Home Improvement by Category: Value 2017-2022
Table 26 Sales of Home Improvement by Category: % Value Growth 2017-2022
Table 27 NBO Company Shares of Home Improvement: % Value 2018-2022
Table 28 LBN Brand Shares of Home Improvement: % Value 2019-2022
Table 29 Distribution of Home Improvement by Format: % Value 2017-2022
Table 30 Forecast Sales of Home Improvement by Category: Value 2022-2027
Table 31 Forecast Sales of Home Improvement by Category: % Value Growth 2022-2027

HOMEWARES IN MEXICOKEY DATA FINDINGS

2022 DEVELOPMENTS

Return to pre-pandemic lifestyles shifts consumer focus away from homewares
Food storage and kitchen utensils face mounting competition from eco-friendly and multi-purpose alternatives
Local and international presence in homewares
PROSPECTS AND OPPORTUNITIES
Positive outlook as home-centred lifestyles remain a factor despite the return to work, school and social norms
Sustainable practices to promote developments and growth opportunities in homewares
E-commerce to witness strong development over the forecast period

CATEGORY DATA